Baruch's Forex System Journal

Jimmy Young recommends his readers to sell dollar just before the Durable Goods Orders release - and sell more, if the number is bad. A risky strategy! What if the number is very good?

 

Consensus - 0,5 (some says - 0.8). Consensus range: - 3.,5 / + 1.5.

The last two numbers has been very strong. A new strong surprise here will prove that US economy is very strong.

 

Thanks very much Baruch. Just the sort of calendar I was looking for.

Kermit

 

Short eur/usd (15 min chart). Will close it with a 10 pips gain - because of the eco report coming soon. Maybe it's wrong, but i'm not a gambler...

 

Hi Kermit,

Your welcome. Want more?

Try this one:

www.fxstreet.com

 

Read this one:

www.fullermoney.com

I like David Fuller's common sense comments.

 

Not a bad call from Jimmy Young - but it was time for profit taking, despite a very bad number. I went long @15 (june euro future), but sold again @18, because the action was not good. Maybe I should trade in GBP instead because there are more action here, but I don't like the bigger spread.

Did you also trade the news?

 

Much appreciated. That’s a wealth of information.

Kermit

 

Yes - did you trade the news?

I also like this one - but it's not free:

www.dismal.com

 

No way. I stayed clear of the Euro just before 8:30 EST and good thing I did. The spread got ridiculously wide and price went all over the map.

Kermit